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603-643-3942
5 Old Nugget Alley
Hanover, NH 03755


$450,000

MLS# 5036731
4849 sq.ft. Bedroom | 0 Bathroom
Multi Family
220 Broad Street Claremont NH
 
$450,000 | $93 per sq.ft. | MLS# 5036731 A 5  Unit Multi Family Home, 220 Broad Street Claremont NH With 2 - One Bedroom Units | 3 - Two Bedroom Units

Description:
Situated just minutes from downtown Claremont and steps from Monadnock Park, this fully occupied five-unit multifamily offers an attractive opportunity for investors seeking strong rental income in a growing market. The property includes two spacious 2-bedroom units and three well-maintained 1-bedroom units--each thoughtfully updated for tenant comfort and long-term value. Renovations include new paint and fixtures throughout, with bathroom upgrades in Units 1 and 2. Unit 2 is move-in ready for a new tenant. Unit 4 has been extensively updated with hardwood flooring, a modern kitchen with new appliances, fresh paint, and a remodeled bathroom. A newer water heater tank serves the building, and the property is features on-site parking, along with additional street parking for added tenant convenience. All units are currently rented, providing immediate cash flow. With continued demand for rentals in the Claremont area and limited local inventory, this is a turnkey opportunity for those seeking a stable investment or a property suitable for a 1031 exchange. Seller is a licensed realtor.

Annual Expenses
Taxes: $11,203
    Income Gross Income | $

UNIT 1 INFORMATION


Beds: 2
Baths: 1
Rooms: 0

UNIT 2 INFORMATION


Beds: 2
Baths: 1
Rooms: 0

UNIT 3 INFORMATION


Beds: 1
Baths: 1

UNIT 4 INFORMATION


Beds: 2
Baths: 1

UNIT 5 INFORMATION


Beds: 1
Baths: 1
Rooms: 0

FEATURES AND DETAILS

CONSTRUCTION: Wood Frame | Clapboard Exterior | Vinyl Siding | Exterior Color White | Price Per SQ.FT. 92.80 | Year Built: 1880
LAND DESCRIPTION: LOT DESCRIPTION: Level
Avail.Sq.Ft.: 5
Livable Space: 4849
Above Grade Sq.Ft.: 4849
Below Grade Sq.Ft.: 0
Foundation: Concrete
Heating: Oil | Hot Water
Cooling: None
Electric: Circuit Breaker(s)
Style: Multi-Family
Roof: Membrane | Shingle - Asphalt
Water: Public
Sewer: Public
Lot size: 0.25 acres
Zoned: PR
Surveyed: Unk
Flood Zone: No
Seasonal: No
Garage And Parking: On-Site
Road Frontage: 70
Driveway: Paved

ADDITIONAL INFORMATION
Taxes $11,203  | Assesed Value $0 in
SCHOOLS
Elementary School: Bluff School
Middle School: Claremont Middle School
High School: Stevens High School
15 Buck Rd. Hanover, NH 03755 603-643-3942

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